Ghana’s largest telecommunication Network, MTN has reportedly introduced a new policy that will curb numerous Mobile Money(MOMO) Scams.
The new policy dubbed ‘No ID Card, No Cash Out’ will prevent its Mobile Money users from withdrawing money without the use of a National ID card.
In a memo sighted by Browngh.Com, MTN mentioned that effective 1st day of February this year, fraudsters who use several dubious means to cash out money from others will cease will the introduction of the new policy.
“From 1st February you must go to any MOMO Agent with your ID card for your Cash out transportations. We are in the policy of #No ID card, #No Cash-out. Let’s all help this format to fight and identify the fraudsters” the notice read.